Get Real Savings
Make saving a permanent habit. This account gives children a safe place to keep their spare change while teaching them the importance of saving.
- $10 minimum deposit to open
- No monthly maintenance service charge
- Earn interest on your savings
- ATM Card or link to your VISA debit card
- Free Online & Mobile Banking*
- eStatements
- 24 Hour Telephone Banking
- Direct Deposit available
- May be linked to your checking account to cover overdrafts
- Unlimited withdrawals and transactions
- No more than 6 electronic or 3rd party transactions per statement cycle allowed.**
At age 13, account holders can obtain their first bankHometown Debit Card and benefit from having ATM fees refunded nationwide.*** Online Banking and eStatement options are available at this time.
At age 16, account holders can graduate to Get Real Checking with a bankHometown Debit Card.*****
*3rd party fees for message, data and internet services may apply.
**Transfers from a Savings account to another account or to third parties are limited under Federal law to no more than six (6) per statement cycle. This limit includes those conducted by 24 Hour Telephone transfers, bankHometown Online Business Banking, checks, POS transactions, overdraft protection transfers, ACH transactions, online bill payments and online transfers.
***Can request a bankHometown Debit Card at 13 years of age. Debit Card will not have Point of Sale functionality until the account owner turns 16 years of age and requests functionality be turned on. Other bank ATM surcharge fees are charged to the account during current statement cycle and will be refunded on the last business day of the current statement cycle. Accounts closed or changed to another product during statement cycle will not receive a refund of other bank's ATM surcharge fees. Not responsible for surcharges or fees imposed by banks, ATM operators and/or networks on transactions outside of the continental United States, Alaska, Hawaii or US Territories.
****At 16 years of age, can request that Point of Sale functionality be enabled and can also request checks.
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
Notify us if you are 65 years of age or older, or 18 years of age or younger. You may be eligible for a waiver or reduction of certain account fees or charges.
Passbook Savings
If you prefer the traditional passbook to view and keep track of your transactions and interest payments, then this account is for you.
- $10 minimum to open
- No monthly maintenance service charge
- Free Online & Mobile Banking*
- eStatements
- Passbook must accompany transactions made in person at any branch
- Direct Deposit available
- No more than 6 electronic transactions per statement cycle allowed.**
*3rd party fees for message, data and internet services may apply.
**Transfers from a Savings account to another account are limited under Federal law to no more than six (6) electronic transactions per statement cycle.
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* | |
|---|---|---|---|---|---|
| Passbook Savings | $10.00 | $0.01 | 0.05% | 0.05% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
Notify us if you are 65 years of age or older, or 18 years of age or younger. You may be eligible for a waiver or reduction of certain account fees or charges.
Club Accounts
Save for the holidays or that well deserved vacation with a designated account.
- $10 minimum to open
- No monthly maintenance service charge
- Interest bearing account
- A check for the balance and interest is mailed to you or you may request the balance to be automatically transferred to another account:
- April for Vacation Club
- October for Holiday Club
- Partial withdrawals not allowed*
*If any withdrawal is made from this account before club maturity, then this account may be closed
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
Tiered Money Market
Maximize the advantages of higher interest rates while benefiting from the liquidity of a savings account. Plus, with tiered interest rates, the higher your balance, the higher your interest rate.
- $1,000 minimum deposit to open
- $6 monthly maintenance service charge, waived with a minimum daily balance of $500
- Unlimited withdrawals & transactions
- No more than 6 electronic or 3rd party transactions per statement cycle allowed*
- ATM Card eligibility or can be linked to your VISA Debit Card
- Direct Deposit available
- Free Online & Mobile Banking**
- eStatements
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks based outside of the continental United States, Alaska, Hawaii or U.S. Territories.
*Transfers from a Money Market Savings account to another account or to third parties are limited under Federal law to no more than six (6) per statement cycle. This limit includes those conducted by 24 Hour Telephone transfers, bankHometown Online Business Banking, checks, POS transactions, overdraft protection transfers, ACH transactions, online bill payments and online transfers.
** 3rd party fees for message, data and internet services may apply.
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | Annual Percentage Yield (APY)%* | |
|---|---|---|---|---|
| Tiered Money Market Account | $1,000.00 | $0.01 - $24,999.99 | 0.03% | |
Tiered Money Market $25,000-$49,999.99 | $1,000.00 | $25,000 - $49,999.99 | 0.07% | |
Tiered Money Market $1,000-$99,999.99 | $1,000.00 | $50,000 - $99,999.99 | 0.12% | |
Tiered Money Market $100,000-$999,999.99 | $1,000.00 | $100,000 - $999,999.99 | 0.16% | |
Tiered Money Market $1,000,000+ | $1,000.00 | $1,000,000+ | 0.20% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
